Clearing and settlement
OpenGamma Hires LCH Clearnet's Ait Si Brahim
Open-source risk management and analytics software vendor OpenGamma has made a number of new hires in its London office to support development of the margining platform it launched in November that aggregates data from different sources to support…
Nasdaq OMX Clearing Receives First EMIR Authorization in Europe
The Stockholm-based clearinghouse, Nasdaq OMX Clearing, has received regulatory approval by the Swedish Financial Services Authority (SFSA) to operate as a central counterparty under the European Market Infrastructure Regulation (EMIR).
DWPBank Extends SIX Data Deal
Frankfurt-based Deutsche WertpapierService Bank (DWPBank) has signed a five-year extension to an existing deal for SIX Financial Information to supply the bank with market data and evaluated prices.
Guilty Bankers Should Be Counting Rocks on a Prison Beach, Says Consultant
Alex Jurshevski wasn't even supposed to appear on the over-the-counter (OTC) and central clearing panel at the Toronto Financial Information Summit. It was only because of flooding in the city that the founder of Recovery Partners, a consultancy, was…
Broadridge Backs Bloomberg Tradebook
The investor communications provider is now helping Bloomberg's agency brokerage begin self-clearing U.S. equities with its hosted business process outsourcing (BPO) solutions.
Retiring Industry Veteran Cutrone Reflects on the Past—and the Future
After more than four decades in the capital markets, Lee Cutrone is retiring. He talks with Anthony about the highs, the lows, and what he’ll miss once he's out of the business—namely, T+2, or even T+1, settlement cycles.
Sapient Drives New Connectivity Standard for Cleared Derivatives
The Clearing Connectivity Standard will allow futures commission merchants to transmit clearing information to custodians on asset managers' behalf.
ASX Implements TMX Group's Razor Risk
The platform is being introduced ahead of clearing for equities at the Sydney exchange.
Brazilian Regulator Weighs Breaking BM&FBovespa Monopoly
CVM held a hearing last week to solicit opinions on a study about exchange competition in Brazil. Yet the regulator gave no clues as to how it plans to proceed.
NYSE Liffe to Build CCP, Severs with LCH.Clearnet
The exchange operator says its expanded NYSE Clearing, operational in June 2013, will consolidate derivatives clearing in Europe.
For Bank Loans, STP Initiative Promises New Frontier
Syndicated, or bank, loan trading stands to become more attractive for the buy side as Markit and agency banks collaborate on faster settlement and real-time views of inventory.
Knight Adds FCM with Acquisition of Penson Futures
Move reflects shift toward electronically traded futures and industry demand for independent clearing.
EMCF to Provide Clearing for Turquoise
The LSE-owned pan-European exchange will now offer to traders four choices for clearing.
LCH.Clearnet Takes CDSClear to New Jurisdictions
Previously offered in the French market, the service will provide clearing for 129 swaps contracts and default management processes.
TriOptima Debuts TriBalance for Credit Risk
The triBalance service lowers systemic risk by rebalancing counterparty credit exposure for OTC derivatives.
'Fascinating yet Frightening’: Sell-Side Giants See Promise, Perils in New Swaps Markets
Opportunities for system transformation, better swaps data could go some way toward balancing the costs of new regulation, according to speakers at the North American Trading Architecture Summit in New York on Tuesday.
Bursa Malaysia Launches New Clearing System
Exchange debuts platform with enhanced automation.
